Sep. 9 at 3:45 PM
$NMTC During fiscal Q3, product revenue increased 16% year over year to
$2.0 million, while new product orders grew 43% to approximately
$2.7 million.
Orders exceeded recognized revenue during the quarter, contributing to a
$1.7 million backlog as of June 30. As of our Q3 update, we had received approximately
$11.2 million in product orders for fiscal 2026.
We continue working closely with our manufacturing partners to maximize shipments and convert this demand into recognized revenue as we build on the commercial momentum across our portfolio.
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